About Homewood Suites by Hilton
Homewood Suites by Hilton is part of the portfolio of brands at Hilton Worldwide, which has hotels in more than 90 countries. Other Hilton Worldwide brands include Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Hilton Hotels & Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hampton by Hilton, Hilton Garden Inn, Home2 Suites by Hilton, Curio – A Collection by Hilton, Canopy by Hilton, and Hilton Grand Vacations. Homewood Suites has been making guests feel at home for more than 20 years. And since every suite includes bundled services like hot breakfast, dinner, and select drinks Monday-Thursday*, plus high-speed Internet, workout rooms, and business centers – all with a 100% satisfaction guarantee-it’s easy to see why.
Make space to travel
With new insights proving that shorter, more frequent vacations are equally as refreshing as longer getaways, Homewood Suites has created a calendar full of inspiration to help you seize your long weekends.
Our Commitment to You
We’re committed to creating a safe and relaxing experience, including delivering an even cleaner stay from check-in to check-out. By offering continued travel flexibility and putting the health and safety of our guest and team members front and center, we will provide complete peace of mind when you stay with any of our 18 brands across the world.
Experience apartment-style living
Our studio, one-bedroom, and two-bedroom suites include separate spaces designed to let you live, work, and relax.
Company Founded
1988
Current Leadership
Christopher Nassetta, CEO
Started Franchising
1988 (33 years)
Total Number of Units
507 (as of 2020)
Part-Time / Full-Time
Full Time
Stock Ticker Symbol
HLT
How Much Does It Cost To Open A Homewood Suites by Hilton Franchise?
There are several costs associated with opening a Homewood Suites by Hilton franchise. There is typically a franchise fee set by the franchisor, which covers the costs of opening a franchise location. Some other commons fees include equipment fees, marketing fees, licensing fees, insurance, and taxes, to name a few.
Some franchises may have a weekly fee that the franchisee pays for operating a Homewood Suites by Hilton franchise. The weekly fee for opening a Homewood Suites by Hilton franchise is Royalty Fee Due Monthly By The 15Th Day Of The Following Month.
The full breakdown of these fees can be found in the Financial Disclosure Document (FDD) provided to franchisees by the franchisor. The FDD report will contain additional information such as whether the franchise is renewable (Homewood Suites by Hilton Is Renewable) and does the franchise offer financing support (Homewood Suites by Hilton Homewood Suites by Hilton has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll).
Homewood Suites by Hilton Company Details
Here are some additional details about Homewood Suites by Hilton.
| Parent Company | Hilton |
| Initial Investment | $75,000 |
| Veteran Incentives | Varies |
| Royalty Fee | 3.5-5.5% |
| Ad Royalty | 3.50% |
| Term of Agreement | 22 years |
| Absentee Ownership | No |
| Run from Home | No |
| Part Time | No |
Training and Support Offered By Homewood Suites by Hilton
Homewood Suites by Hilton offers several support options to its franchisees. With 507 (as of 2020) units, Homewood Suites by Hilton aims to provide support to each franchise owner to help them operate a successful franchise location. Homewood Suites by Hilton offers 1 hour on the job training, 89-92 hours classroom training, and At Memphis, TN, corporate office additional training.
Training and Support Offered
Here are the support options offered by Homewood Suites by Hilton.
| On-The-Job Training | 1 hour |
| Classroom Training | 89-92 hours |
| Additional Training | At Memphis, TN, corporate office |
| Ongoing Support |
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| Marketing Support |
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Is Homewood Suites by Hilton Right For You?
Homewood Suites by Hilton has gone digital! Here are all of the ways you can find Homewood Suites by Hilton online. Oftentimes, you can reach out to current franchisees of Homewood Suites by Hilton online. Current franchisees may be able to offer personalized insights into what it is like owning a Homewood Suites by Hilton franchise and offer tips to running a successful Homewood Suites by Hilton franchise location.
Why Should You Start a Homewood Suites by Hilton Franchise?
Investing in a Travel franchise such as Homewood Suites by Hilton can kickstart your franchise portfolio. Our goal at Why Franchise is to provide you with the resources needed to be a successful franchise owner. Fill out the form below to get more information about Homewood Suites by Hilton franchise and we'll be in touch soon!
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